Rates
Please contact an employee for further information about applicable fees and terms.
Alden Branch |
507-874-3363 |
Albert Lea Branch |
507-373-1481 or 1-800-657-6961 |
Emmons Branch |
507-297-5461 |
|
Download Rates PDF |
Accurate as of 12/21/2022
Certificates of Deposit
Terms |
$1,000 minimum |
$10,000 minimum |
$25,000 minimum |
|
Rate |
APY |
Rate |
APY |
Rate |
APY |
3 Months |
0.20% |
0.20% |
0.25% |
0.25% |
0.30% |
0.30% |
6 Months |
0.35% |
0.35% |
0.40% |
0.40% |
0.45% |
0.45% |
12 Months |
0.45% |
0.45% |
0.50% |
0.50% |
0.55% |
0.55% |
18 Months |
0.60% |
0.60% |
0.65% |
0.65% |
0.70% |
0.70% |
24 Months |
0.65% |
0.65% |
0.70% |
0.70% |
0.75% |
0.75% |
36 Months |
0.70% |
0.70% |
0.75% |
0.75% |
0.80% |
0.80% |
48 Months |
0.85% |
0.85% |
0.90% |
0.90% |
0.95% |
0.95% |
60 Months |
0.95% |
0.95% |
1.00% |
1.00% |
1.05% |
1.05% |
Certificates of Deposit Specials
CD Specials |
$1,000 minimum |
|
|
Rate |
APY |
|
|
7 Month |
3.40% |
3.42% |
|
|
19 Month |
3.60% |
3.61% |
|
|
29 Month |
3.80% |
3.80% |
|
|
Individual Retirement Accounts and Health Savings Accounts
Traditional IRA's and Roth IRA's |
|
Rate |
APY |
12 Months |
0.45% |
0.45% |
24 Months |
0.65% |
0.65% |
36 Months |
0.70% |
0.70% |
48 Months |
0.85% |
0.85% |
60 Months |
0.95% |
0.95% |
Minimum for IRA Terms = $1,000 |
Variable Rate IRA Savings |
|
Rate |
APY |
$100 min |
0.15% |
0.15% |
Variable Rate H.S.A's |
|
Rate |
APY |
$100 to $4,999.99 |
0.10% |
0.10% |
$5,000 & above |
0.15% |
0.15% |
Deposit Accounts
Deposit Accounts |
|
Rate |
APY |
Economy Savings ($25 min.) |
0.15% |
0.15% |
Regular Savings ($100 min./below $3 s/c) |
0.15% |
0.15% |
Money Market - Investment Savings ($1,000 min./below $5 s/c) $.01 - $19,999.99 $20,000 - $49,999.99 $50,000 and up |
0.35% 0.50% 0.60% |
0.35% 0.50% 0.60% |
Security Gold Checking ($10,000 min./below $5 s/c) |
0.60% |
0.60% |
Interest Checking ($500 min./below $3 s/c) $500 - $2,499.99 $2,500 and up |
0.10% 0.15% |
0.10% 0.15% |
Platinum Money Market Savings ($10,000 min./below $25 s/c) $.01 - $19,999.99 $20,000 - $49,999.99 $50,000 - $149,999.99 $150,000 - $249,999.99 $250,000 and up |
0.35% 0.55% 0.65% 0.75% 1.00% |
0.35% 0.55% 0.65% 0.75% 1.00% |
All rates are subject to change without notice
**Security Bank Minnesota checking account required to earn stated APY
*Fee could reduce earnings on an account
*APY = Annual Percentage Yield
Rate = Interest Rate
Early withdrawal of CD's may result in a penalty of 3 months interest when the term of the CD is less than or equal to one year. A penalty of 6 months interest may be charged when the term of the CD is greater than one year. The penalty is calculated on the last renewed balance.